Austria with lowest uneployment rate in whole EU

The lowest unemployment rate of all countries - EU members, which reaches only 3.7%, continues to record Austria, according to figures for July released by today by the European Statistical Office. According to these figures, the average unemployment rate in the EU area is at 9.5% and the Eurozone to 10%.
Austria follows the Netherlands as the country with the second lower unemployment, and 4.3%, Luxembourg is in third place with 4.6%, while the highest unemployment rates are Spain with 21.2%, Latvia with 16.2% and Lithuania with 15.6%.
According to data of Eurostat, unemployment in Greece showed the biggest increase from 27 countries - EU members in the year between the first quarter of 2010 and 2011 from 11% to 15%, followed by Bulgaria with an increase rate from 10% to 11.5% and Slovenia 7.2% to 8.4%.
The largest reductions in the unemployment rate recorded in the three Baltic countries, namely Estonia, from 17.9% to 12.8% in Latvia, from 19.9% ​​to 16.2% and Lithuania by 18.2 % to 15.6%.
Commenting on the fact that the country still has the lowest unemployment rate across Europe, the political leadership of Austria stated that the Austrian labor market remains resilient, despite international turmoil and declining economic dynamics and that the Austrian companies are an excellent recovery, benefitingconditions - a framework that offers the economic landscape in Austria and Sitting thus able to provide even more jobs than the previous year.